Could This AI Chipmaker Be the Market's Next Trillion-Dollar Contender?

Sales of AMD's data center CPUs and GPUs could surge over the next decade.Over the past two years, Nvidia (NVDA 1.03%) and Broadcom (AVGO 0.26%) became the first two $1 trillion chipmakers. Nvidia, which reached the $1 trillion mark in 2023, is now worth $4.3 trillion. Broadcom, which hit that milestone last year, is worth $1.8 trillion.The rapid expansion of the artificial intelligence (AI) market propelled both chipmakers into the 12-zero club. Sales of Nvidia's data center GPUs, which are used to process ...